Ok lucky 992. I didn't think it fitted into my survey boxes...

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Audacious

335 Posts.

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01/06/21

00:55

Post #: 53550488
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Originally posted by lucky 992: ↑

I find this an interesting topic, one I have pondered for a long long time.
As time goes by, I think that sidelining it will become less likely, because the banking system worldwide is not stupid, (ok not all of them) and have been hording it for quite a while and are now beginning to admit it. Also, because private ownership is becoming more and more prevalent heading into this current era.
The fact is, that throughout history, every currency, without exception, has failed and the current crop are slowly heading the same way.

1. Making it illegal would be less effective these days as people arent as trusting as or as gullible as in the past.
2, Tax private ownership big time.
They need to prove you have any to start with. Good luck with this one
3. Make it difficult to buy or trade.
What about all of the stuff already out there. It has already been traded for centuries and is still traded to this day.
4. Make you register your holdings at present. See 2 and 3 above. Good luck with this one also.....
5.Try to use cryptos.
I think there is no doubt about this one, one way or another.
6.Something different.
Wracking their brains as we speak I would imagine.
7.Nothing and hope it dies out.
It hasn't died out for how long now? 3000-5000 years? This will never happen.
It really amuses me when gold bears try and tell you that gold is a waste of time and provide endless charts to show that shares etc do better.
Over the long term every currency and every share that ever existed has disappeared.or collapsed. Gold is the only money that has survived the test of time..... period.

Sorry this doesn't fit your survey boxes. I dont believe it as simple as that....

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Ok lucky 992. I didn't think it fitted into my survey boxes either and I certainly find it an interesting topic so, have a go, what is your first best guess??
Cheers,
Audacious.
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